EWC Options History — February 2025

In February 2025, EWC traded between $40.61 and $42.44. ATM implied volatility averaged 16.2%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 2.3% (HV 20d: 13.9%). Max pain ranged from $41.00 to $43.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 7.90.

Notable Days

  • 2025-02-03: Highest Volume — 60,289 contracts
  • 2025-02-04: Largest IV drop — 17.8% change
  • 2025-02-03: Highest IV Rank — 46.9%
  • 2025-02-03: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.69$40.61$42.44$40.61$41.09
Max Pain$42.74$41.00$43.00$42.00$43.00
ATM IV16.2%14.5%20.4%20.4%18.6%
Expected Move4.7%4.2%5.8%5.8%5.3%
HV 20d13.9%12.5%14.9%13.4%14.9%
HV 60d13.9%13.6%14.1%13.7%14.0%
IV Rank28.6%21.5%46.9%46.9%39.2%
IV Percentile69.3%52.8%94.4%94.4%88.5%
Term Structure0.2%-2.0%3.5%-2.0%-1.8%
VWIV17.3%12.8%22.7%22.7%20.3%
Skew 25d4.7%2.8%5.6%4.6%5.2%
Skew 10d9.7%1.0%16.8%5.2%11.6%
Call IV 25d14.2%12.4%19.6%19.6%16.4%
Put IV 25d18.8%16.5%24.2%24.2%21.6%
Bid-Ask Spread %78.5673.9894.7475.4794.74
Gamma HHI0.320.250.390.250.26
Net GEX-28.6M-34.7M-23.2M-32.1M-34.7M
Net DEX271.5M170.5M407.9M407.9M364.2M
Net VEX-3.0M-3.2M-2.8M-3.2M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.900.2140.1811.683.21
Total Volume7,838.26321760,28960,2891,769
Total OI455,727.421438,377471,337438,377471,337

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$40.61$42.0020.4%5.8%13.4%46.9%22.7%4.6%-2.0%-32.1M407.9M-3.2M11.6875.47N/AN/A4,75655,53355,198383,179
2025-02-04$41.36$41.0016.8%4.8%14.8%31.2%20.3%2.8%0.9%-31.0M318.9M-3.2M4.8279.86N/AN/A3,36716,23462,131400,387
2025-02-05$41.59$41.0015.2%4.3%14.9%24.3%17.2%3.1%0.0%-28.9M287.6M-3.2M2.8580.36N/AN/A8082,30261,949392,924
2025-02-06$41.66$43.0014.7%4.3%14.7%22.2%15.7%5.1%0.6%-28.5M277.5M-3.2M0.3274.66N/AN/A58918662,174391,852
2025-02-07$41.64$43.0014.7%4.4%14.6%22.5%18.8%4.9%0.1%-28.0M280.1M-3.2M33.6173.98N/AN/A32710,99062,516392,022
2025-02-10$42.03$43.0014.9%4.4%13.3%23.2%17.0%4.7%0.7%-26.2M235.3M-3.1M2.2574.50N/AN/A41292662,813393,216
2025-02-11$42.14$43.0014.5%4.4%13.0%21.5%14.2%4.7%0.5%-26.0M210.2M-3.0M0.3577.74N/AN/A42614863,154393,546
2025-02-12$41.91$43.0014.9%4.3%13.3%23.0%14.9%4.2%0.6%-26.5M225.6M-2.9M1.8980.77N/AN/A22843063,185393,487
2025-02-13$42.42$43.0014.8%4.3%13.1%22.8%12.8%3.9%1.6%-23.2M175.6M-2.9M0.7385.97N/AN/A1,17986463,429393,825
2025-02-14$42.17$43.0014.7%4.2%13.2%22.5%15.3%4.2%0.9%-25.5M203.9M-2.9M0.9776.53N/AN/A11010763,301393,626
2025-02-18$42.44$43.0015.4%4.4%13.3%25.5%15.4%5.2%0.6%-23.6M170.5M-2.8M0.2679.27N/AN/A3468963,387393,766
2025-02-19$42.22$43.0015.1%4.3%12.5%24.2%15.5%5.6%0.5%-24.9M205.5M-2.8M0.2176.58N/AN/A1,21626163,583393,844
2025-02-20$42.27$43.0015.4%4.4%12.5%25.1%19.1%4.7%3.5%-26.1M196.6M-2.8M25.9675.53N/AN/A39010,12363,617394,088
2025-02-21$41.48$43.0016.7%4.8%14.4%30.9%15.2%4.3%-0.5%-30.3M294.6M-2.8M0.7176.19N/AN/A1,13981063,973396,369
2025-02-24$41.44$43.0017.2%4.9%14.3%33.0%16.1%4.9%-1.2%-31.2M313.5M-2.8M40.1875.69N/AN/A2238,96163,001378,541
2025-02-25$41.38$43.0017.3%5.0%14.2%33.8%17.5%5.4%-0.7%-31.8M306.5M-3.0M2.6474.78N/AN/A4481,18166,226387,614
2025-02-26$41.45$43.0017.4%5.0%14.1%34.1%22.1%5.3%-0.4%-31.5M312.3M-2.9M9.9383.93N/AN/A6096,04966,551388,037
2025-02-27$40.89$43.0018.3%5.2%14.9%37.9%18.9%5.4%-0.4%-32.9M371.6M-2.9M7.5676.05N/AN/A1,79813,59366,782390,191
2025-02-28$41.09$43.0018.6%5.3%14.9%39.2%20.3%5.2%-1.8%-34.7M364.2M-3.0M3.2194.74N/AN/A4201,34967,112404,225